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Companies fresh start scheme applicability?

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swakar

Accountant

50 Points Posted on 08 April 2020

Hi sir, one of our client companies Annual returns- due for the year 19-20. AGM date is 31-12-2019. Form MGT 7 and aoc-4 are due for filing. My question is whether the scheme is applicable to this company compliance in filing annual returns? How to opt for the scheme if it applies? When I checked in MCA portal about appropriate late fee, it is showing.
Please provide possible solution?

Replies (3)

Quick Summary

This discussion clarifies the applicability of the Fresh Start Scheme for companies needing to file annual returns. It confirms that the scheme is indeed applicable for the relevant financial years, even for new companies established in January 2018. The conversation addresses potential confusion regarding AGM dates and filing deadlines, assuring users that the scheme can be utilised for compliance.

Anjali lakra

473 Points Posted on 11 April 2020

For the year 19-20, AGM will be on or before 30.09.2020. You must be talking about f.y. 2018-19. For that as well the AGM must be held on or before 30.09.2019. Kindly confirm. Yes the scheme is applicable for that returns. Enquire fee facility is not yet updated on MCA portal.